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Circle
Shopify Customers Can Now Pay In USDC Via Solana Pay
The payment protocol, built on the Solana blockchain, has been integrated into Shopify.

Coinbase Gets a Stake in Circle; FTX's Sam Bankman-Fried Pleads Not Guilty, Again
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as FTX founder Sam Bankman-Fried pleads not guilty to his latest indictment. The Wall Street Journal is out with a new report detailing Binance's legal risks over Russia. And, Coinbase buys a minority stake in stablecoin issuer Circle Internet Financial.

Coinbase Gets a Stake in Stablecoin Operator Circle and USDC Adds 6 New Blockchains
The Centre Consortium, jointly managed by Circle and Coinbase, is being shut down and Circle is bringing issuance and governance of the USDC stablecoin in-house.

Circle Seeks to Make Crypto Payments Easier With New 'Programmable Wallets'
The product is aimed at payments from businesses to customers.

Stablecoins: A Potential Counter to De-Dollarization
Demand for dollars in the global economy is increasingly flowing into permissionless stablecoins, even as domestic policies and foreign efforts like a BRICS-issued currency could erode the greenback's overall dominance.

Circle Trims Workforce Slightly to Maintain 'Strong Balance Sheet'
Circle has cut its workforce slightly to maintain a “strong balance sheet,” the company said Wednesday. While some departments were subject to layoffs, the stablecoin issuer said it will continue to hire in other areas. "The Hash" panel weighs in on the lingering effects of crypto winter, along with Circle considering issuing a stablecoin in Japan.

Circle Cuts Workforce, Ends Certain 'Non-Core' Activities; Will Continue Hiring Globally
While some departments were subject to layoffs, the stablecoin issuer will continue to hire in other areas.

Circle's Allaire Says China Should Look at Yuan-Backed Stablecoins Instead of CBDCs
Circle CEO Jeremy Allaire said in a recent interview with the South China Morning Post that Beijing should consider allowing for Chinese yuan (CNY)-backed stablecoins if it wants to internationalize its currency. The hosts of "First Mover" share their reactions to Allaire's latest comments.

Circle Considers Issuing Stablecoin in Japan Under New Rules
Circle is considering issuing a stablecoin in Japan, given that legislation governing stablecoins took effect on June 1, the payment services company's co-founder and CEO Jeremy Allaire said. CoinDesk Executive Director of Global Content Emily Parker breaks down the details.

Circle Considers Issuing Stablecoin in Japan Under New Rules
Circle CEO Jeremy Allaire expressed interest in partnerships in the country, given that new rules governing stablecoins have come into effect.
